Naphtha Hydrotreater Revamp

IAG team determined that 80% of the business value could be captured with 25% of the capital expenditure

Sector

Downstream

Type

Revamp

Size

Up to $50m

Location

Minnesota

Schedule Deviation

TBD

Cost Deviation

-10.5%

Owner Need

Validation that nominated project(s) meet business objectives

Accurate data for investment decision making

IAG Approach

Challenge process focused on non-CapEx solutions and options

Owner vs. Contractor decision mindset

Intellectual honesty in data presentation

Owner Benefits

Industry leading ROI

Capital efficiency, cost avoidance / reduction

Competitive advantage

Proof

IAG team challenged internally capital scope and determined that 80% of the business value could be captured with 25% of the capital expenditure. Owner selected reduced scope with superior return on deployed capital.